(a) A claim based on (1) a contract entered into by a custodian acting in a custodial capacity, (2) an obligation arising from the ownership or control of custodial property, or (3) a tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor.
(b) A custodian is not personally liable: (1) On a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or (2) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.
(c) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.
(P.A. 95-117, S. 18.)
Structure Connecticut General Statutes
Title 45a - Probate Courts and Procedure
Chapter 802d - Connecticut Uniform Transfers to Minors Act
Section 45a-557. - Short title: Connecticut Uniform Transfers to Minors Act.
Section 45a-557a. - Definitions.
Section 45a-557b. - Scope and jurisdiction.
Section 45a-558. - Nomination of custodian.
Section 45a-558a. - Transfer by gift or exercise of power.
Section 45a-558b. - Transfer authorized by will or trust.
Section 45a-558c. - Other transfer by fiduciary.
Section 45a-558d. - Transfer by obligor.
Section 45a-558e. - Receipt for custodial property.
Section 45a-558g. - Single guardianship.
Section 45a-558h. - Validity and effect of transfer.
Section 45a-558i. - Care and control of custodial property.
Section 45a-558j. - Powers of custodian.
Section 45a-558k. - Use of custodial property. Distribution to a trust.
Section 45a-559. - Custodian's expenses, compensation and bond.
Section 45a-559a. - Exemption of third party from liability.
Section 45a-559b. - Liability to third persons.
Section 45a-559d. - Accounting by and determination of liability of custodian.
Section 45a-559e. - Termination of custodianship.
Section 45a-560. - Applicability.
Section 45a-560a. - Effect on existing custodianships.
Section 45a-560b. - Uniformity of application and construction.